iShares MSCI Emerging Markets Value Factor ETF (EVLU)

The iShares MSCI Emerging Markets Value Factor ETF (EVLU) is an index fund from BlackRock's iShares family that provides exposure to emerging market stocks with value characteristics.

The fund tracks an MSCI index derived from a broad emerging markets universe of large- and mid-cap companies. The index selects and weights stocks that appear inexpensive relative to fundamentals such as earnings, book value and cash flow, while keeping sector exposure broadly in line with the parent market.

Holdings span countries such as China, India, Taiwan, South Korea and Brazil. EVLU is passively managed and is intended to offer a systematic, rules-based tilt toward the value factor within developing economies.